Detailed Single Year Tables

Description of Proposed Provision:
The current spouse benefit is based on 50 percent of the PIA of the other spouse. Reduce this percent each year by 1 percentage point beginning with newly eligible spouses in 2014, until the percent reaches 33 in 2030.

&nbsp

Financial Estimates for the OASDI Trust Fund Program

&nbsp

&nbsp

Proposal

&nbsp

Change from Present Law

&nbsp

Expressed as a percentage of present-law taxable payroll

Trust fund ratio as of January 1

Expressed as a percentage ofpresent-law taxable payroll

Calendaryear

Costrate

Incomerate

Annualbalance

Costrate

Incomerate

Annualbalance

2013

13.95

12.69

-1.26

330

0.00

0.00

0.00

2014

14.04

12.83

-1.20

315

0.00

0.00

0.00

2015

13.97

12.86

-1.10

301

0.00

0.00

0.00

2016

13.91

12.88

-1.03

286

0.00

0.00

0.00

2017

13.88

12.90

-0.98

271

0.00

0.00

0.00

2018

13.91

12.93

-0.98

257

0.00

0.00

0.00

2019

14.05

12.95

-1.10

244

-0.01

0.00

0.01

2020

14.25

12.97

-1.28

231

-0.01

0.00

0.01

2021

14.43

12.99

-1.44

218

-0.01

0.00

0.01

2022

14.69

13.02

-1.66

204

-0.02

0.00

0.02

2023

14.95

13.04

-1.90

189

-0.02

0.00

0.02

2024

15.20

13.06

-2.14

174

-0.03

0.00

0.03

2025

15.44

13.07

-2.37

159

-0.04

0.00

0.04

2026

15.66

13.08

-2.58

143

-0.05

0.00

0.05

2027

15.87

13.09

-2.78

127

-0.06

0.00

0.05

2028

16.07

13.11

-2.96

110

-0.07

0.00

0.06

2029

16.25

13.12

-3.13

92

-0.08

0.00

0.07

2030

16.41

13.13

-3.28

74

-0.09

0.00

0.08

2031

16.54

13.14

-3.40

55

-0.10

0.00

0.09

2032

16.65

13.14

-3.50

35

-0.10

-0.01

0.10

2033

16.74

13.15

-3.59

15

-0.11

-0.01

0.11

2034

16.81

13.15

-3.66

----

-0.12

-0.01

0.11

2035

16.85

13.16

-3.69

----

-0.13

-0.01

0.12

2036

16.87

13.16

-3.71

----

-0.13

-0.01

0.13

2037

16.88

13.16

-3.72

----

-0.14

-0.01

0.13

2038

16.87

13.16

-3.71

----

-0.15

-0.01

0.14

2039

16.84

13.16

-3.68

----

-0.15

-0.01

0.14

2040

16.81

13.16

-3.64

----

-0.16

-0.01

0.15

2041

16.77

13.16

-3.61

----

-0.16

-0.01

0.15

2042

16.73

13.16

-3.57

----

-0.16

-0.01

0.15

2043

16.70

13.16

-3.54

----

-0.16

-0.01

0.16

2044

16.68

13.16

-3.52

----

-0.17

-0.01

0.16

2045

16.66

13.16

-3.50

----

-0.17

-0.01

0.16

2046

16.65

13.16

-3.49

----

-0.17

-0.01

0.16

2047

16.64

13.16

-3.47

----

-0.17

-0.01

0.16

2048

16.62

13.16

-3.46

----

-0.17

-0.01

0.16

2049

16.61

13.16

-3.45

----

-0.17

-0.01

0.17

2050

16.61

13.16

-3.45

----

-0.18

-0.01

0.17

2051

16.62

13.16

-3.45

----

-0.18

-0.01

0.17

2052

16.63

13.16

-3.47

----

-0.18

-0.01

0.17

2053

16.66

13.17

-3.49

----

-0.18

-0.01

0.17

2054

16.69

13.17

-3.52

----

-0.18

-0.01

0.17

2055

16.73

13.17

-3.56

----

-0.18

-0.01

0.17

2056

16.78

13.17

-3.61

----

-0.18

-0.01

0.17

2057

16.83

13.18

-3.65

----

-0.18

-0.01

0.17

2058

16.87

13.18

-3.69

----

-0.18

-0.01

0.17

2059

16.92

13.18

-3.73

----

-0.18

-0.01

0.17

2060

16.96

13.19

-3.78

----

-0.18

-0.01

0.17

2061

17.01

13.19

-3.82

----

-0.18

-0.01

0.17

2062

17.05

13.19

-3.86

----

-0.18

-0.01

0.17

2063

17.09

13.19

-3.90

----

-0.18

-0.01

0.17

2064

17.13

13.20

-3.94

----

-0.18

-0.01

0.17

2065

17.18

13.20

-3.98

----

-0.18

-0.01

0.17

2066

17.22

13.20

-4.02

----

-0.18

-0.01

0.17

2067

17.27

13.20

-4.06

----

-0.18

-0.01

0.17

2068

17.31

13.21

-4.11

----

-0.18

-0.01

0.17

2069

17.36

13.21

-4.15

----

-0.18

-0.01

0.17

2070

17.40

13.21

-4.19

----

-0.18

-0.01

0.17

2071

17.44

13.21

-4.23

----

-0.18

-0.01

0.17

2072

17.47

13.22

-4.26

----

-0.18

-0.01

0.17

2073

17.50

13.22

-4.28

----

-0.18

-0.01

0.17

2074

17.52

13.22

-4.30

----

-0.18

-0.01

0.17

2075

17.54

13.22

-4.32

----

-0.18

-0.01

0.17

2076

17.55

13.22

-4.33

----

-0.18

-0.01

0.17

2077

17.55

13.22

-4.33

----

-0.18

-0.01

0.17

2078

17.56

13.22

-4.34

----

-0.18

-0.01

0.17

2079

17.56

13.22

-4.34

----

-0.18

-0.01

0.17

2080

17.58

13.22

-4.35

----

-0.18

-0.01

0.17

2081

17.59

13.22

-4.37

----

-0.18

-0.01

0.17

2082

17.62

13.23

-4.39

----

-0.18

-0.01

0.17

2083

17.65

13.23

-4.42

----

-0.18

-0.01

0.17

2084

17.69

13.23

-4.46

----

-0.18

-0.01

0.18

2085

17.73

13.23

-4.50

----

-0.19

-0.01

0.18

2086

17.78

13.23

-4.54

----

-0.19

-0.01

0.18

2087

17.83

13.24

-4.59

----

-0.19

-0.01

0.18

2088

17.88

13.24

-4.64

----

-0.19

-0.01

0.18

&nbsp

Summarized Estimates

&nbsp

&nbsp

Proposal

&nbsp

Change from Present Law

Years

Costrate

Incomerate

Actuarialbalance

Year of reserve depletion1

Costrate

Incomerate

Actuarialbalance

Based on Intermediate Assumptions of the 2013 Trustees Report.

2013-2087

16.47%

13.87%

-2.60%

2033

-0.12%

-0.01%

0.12%

&nbsp

1 Under present law, the year of Trust
Fund reserve depletion is 2033.